BitMine Holds 5.21M ETH: One Firm Controls 4.3% of Ethereum
BitMine Immersion Technologies holds 5.21 million ETH, worth $13.4 billion and equal to 4.3% of Ethereum's circulating supply. Target: 5% by December 2026.
Ethereum is a decentralised, open-source blockchain platform that allows developers to create and deploy smart contracts and decentralised applications (dApps). Launched in 2015 by Vitalik Buterin and a team of developers, Ethereum offers more than just cryptocurrency transactions as it provides a programmable blockchain where users can create complex, autonomous contracts without the need for intermediaries.
90 PostsBitMine Immersion Technologies holds 5.21 million ETH, worth $13.4 billion and equal to 4.3% of Ethereum's circulating supply. Target: 5% by December 2026.
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